For this example, we evaluated the numbers on a monthly basis, however, to obtain the best results, I always recommend evaluating numbers on an annual basis.

I’ve already made some calculated evaluations in terms of the expected operating expenses, the mortgage, closing costs, and a 20% down payment. 

That is not a reason not to make changes, just something to put in the evaluation.

For those who have employees what was that experience like?

I built up a big management operation, didn't like the overhead & babysitting of adult employees, so I asked myself "How can I continue to build a big business without taking on more staff?" 

Evaluate market conditions closer to your next move to optimize the timing for a 1031 exchange.HELOC for Investments: Utilizing a HELOC could provide funds for a down payment on an Airbnb or potential flip.

PI is a quiet town more geared toward tourism on South Padre Island, but will likely frow due to LPG.There are definitely some opportunities down here in the Rio Grande Valley for people who know how to operate, but one challenge you will encounter will be that it's very hard fine good employees.

Hey everyone hope your enjoying your fourth of July! For some background my firm's bread and butter is acquiring single-family flips and small multi-family opportunities for investors. I was brought an 8 unit property...

Hmmm.We run a detailed evaluation of each scenario and find that most house flippers only estimate their final profit and don’t know all their true costs.

Also, multiple documented site visits with the city and utilities like @Rick Garrido said is time consuming but worth it for your evaluation.